Tickets to games or concerts are personal property

Posted on April 21, 2014 at 9:40am

Dr. Mark J. Perry, an economics professor at the University of Michigan-Flint, creator of the popular blog Carpe Diem and a member of the Center’s Board of Scholars, writes in the Lansing State Journal about House Bill 5108, which would remove restrictions on selling tickets to sporting events or concerts for more than face value.

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Perry explains that the practice should be allowed in a free market because the tickets are personal property and the amount of the transaction should be determined solely by the buyer and seller.

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